US500: Riding the Bearish Trend Down

Market Outlook

US500 is clearly bearish. The current price at 6021.31, with a -0.47% drop over 24 hours, reinforces this. "The trend is your friend" is my core belief, and right now, the bears are in control. Resistance at 6064.35 and 6050 is holding strong.

The Setup: Short Scalp

I'm looking for a short scalp here. My entry is at 6032, anticipating a retest before further downside. This is a clean setup. My Stop Loss is tight at 6084, just above key resistance. Take Profit is aggressive at 5903, targeting the 5900 support zone after breaking 5978.26 and 5950. Levels are clear. Taking this trade.